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Home My WebLink About0813 264991 4 THIS IN~ENTURE, Made thn ~Sth day of SfPtf~~r p,p, lq 73 betweee ~]p A ~ ~ CO sIl V a • a CO ~ s M ~ of ~=tin Counry Florida, here+nafter deignated ss the "MORTGAGOR," and FIRST FEDERAI SAVINGS ANO tOAN ASSpC1AT10N OF FORT PIERCE, • corporation or9anizcd and exiiting under the laws of ~hs United Sut~s of America and h~virg i» principal placa of buHn~ts in tM City of fort Pitrc~, S1. lude County, flaida, hereinafter desigr.ated as the "MORiGAGEE:' WHEREAS tM MORTGAGOR is juitly indebted to tM MORTGAGEE in ths sum of f 34a~'~ . 9ood and lawful mo~ey of the Un~ted States ~dvanced by the MORTGAGEE unto the MORTGAGQR, a~ evidenced by a certa~n promissory note of even date herewith, of wh~ch the ioliowing in words and fig~res ii a trw copy, to-wit: t = 10020454 ~i~0~~ $OptO~lYNZ 19 7 • Fwt Pierc~, flwida, y+, Fa valve received, 1, we o~ either of us, prom~se to pay, without defalcarion, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIA?ION OF 34 8~~~ annum, in mo~thl ~n~ull- ~ FORT PtERCE at Fat Pierce, Ftwida, the sum of s .L vnth ~nterest Irom date at the rate of ~.~/o per Y~ ~ ~nents u follows: _ ~ 299 on the ~h d+y of J~~=y 19 74 and a like sum on the correspond~ng day of each month there- efter uotit the whde be fully paid. Each'insfallment fint shall be appl~ed in payment of tM interesf and then on the unpaid balance of the principal sum. If default is rt~ade ~a the : ~ ~:ayment of any inatallment when due, a~d such default continues 30 days, then at the option of the holde+, and withaut any o~her notice, al) the remaining ' ~ ~nstallments :hall be due and payable at once. Privilege is given to prepay this note in whole or in part st any time withou~ oenaity. Neithe: forebea•anee, ; ~ nor acceptance by the holder thereof afte~ sny default in any payments hereon, shall be deemed extension. A late payment charge of S_ 14!9Ssha:! br ad~rd to each initallment remaining uopa~d 7 days afte~ its due date, and e tike sum shall be added to tach such inslaflme :t remaint~y unpeid '7 days aftr ` each succeeding payment date. ` Each maker, surety and endwser hereof, jointly a~d severally, waives demand, presentment proteat and notice of protest foi nonpayment, and further ~ agrees to any extension of time of payment, eithg~ before or after maturity, wirhout not~ce to any of us; and to pay all c~,ts of collectio~, includ~ng a reasonabk altorney's fee in the event of any default hereunder, and hereby severally waives all benefit oi homeslead and exe~~ption undet the cooslit~.)ion ~ and laws of each State of the Un~ted States, as against this obligation or any extension w renewa) hercoi. Witness the hand and seal of each party. - s/ John F . Tallcott ~EA~~ ~ (SEAI) (SEAu s/ Olivia D. Tallcott (s~?U ~ - ~52' 20 1 State Reven~e ~ ~ t6wrnp~ sw~slled~ow~g~ne~ naR.? NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring payment of ssid sum of S 34~ 800.~ and the perfwmance of ths covenants and agreement~ hereinafter expreased, and iw divers good and vslvable considerations, by these prestnts, does grent, bargain, sell, rem~se, release, convey and confirm unto the MORTGAGEE, its successors and assigns, atl that certein lot, piece w partel of land, situate, lying, and being in the Counry of $t• 1•11C~f snd Stste of Fbrida, dewibed as folbws: j Lot 20~ Block 75, SO[TPH FOR? ST. L1~IB WIT NO. 5~ as per plat thareot on lil~ in Pls?t Book 14 ~ P~9~ 12 , of the Public Recozds of St. Lucie Couuty, Rlorida, ~ ~ STA~E °F ~LORiDA ~ TARY.~~ :;~.51A___-MP T!'.>' s DOC:_~ N- x;. . • vEnuE : ~ DfP~.Of RE : ' 5 Z. Z O ~ ; , ~ ; °O _ _ v;.T~- i3~•,r• ' f. ~ ' ~ ~ ~ - ^ •M~~ ~ ~ ~ ~~'~Z { ~ ~ ~ } ~ ~ G 1N PAYMENi OF TAX~ ~ ~'F~~ . ~ Ox ~g ~ IN1ANGiBLE PERSC?f~1ll PAOP0t1Y` ~ pup$UpbiT TO CNA°TER 71-134, ACTS OF 1°1l rj RpfER Pp1iRAS ~ CtF.RK CIR(~1lT COI:RT, ST. LUCIE CO.. FUl ~ fogether with all snd singular the tenements, hereditamtnts and appunances thereunto belonging a in anywise appeAaining therefo, ard all reMS, iuues, ~ proceeds snd p?ofits accruing and to acuue from said premises, all of which are included in the above and foregoing dewiption and habendum. TO HAVE AND TO HOLD the above desvibed and gnnted p~emises unto the ssid MORTGAGEE, its succeuus and assigns forever. Md the s+id ~ MORTGAGOR fa ~~~s, executon, admin~strators and ~ssigns, hereby covenanb with the ssid MORTGAGEE, its successors and ~siigm, ~ rhat ~h~x~~---- lawfully xized of the said premises in fce s~mple; that the same are iree, clear and dixharged from all lie~s and encum~ ~ brances in law or in equity, snd that ~e~L will and their hein shall warranf and defend the title to the s~me to the said MORTGAGEE, its successors and augns, faever against the lawful claims and demands of all persom; ~ ' PROVIDE~, AtWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the prom~ssory note hereinbefwe deuribed and shsll truly, promptly ~ ~ and fully perform, d~uharge, execute, complete, comply with and abide by each and every the stipulations, sgreements, conditions and covenanb of said ' promissory note snd of this Mortgage, the~ this Matgage and the Estate hereby crestrd shall cease and be null and void. IT IS UNDERSTO00 tfist the word "Mortgagor" whether in tFro singular w plural anywhere in this Mortgage, shall be singular if one only and ahall be plural jointly and severally if more thsn one, and that the wwd "their" as used anywhere in this Mortgage shall be taken to mea~ "his;' "hen;' ~ or "its;' wherever the conte~et w implies a adrnits. Alw, that wherever there is a reference in the tovenents a~d ag~eements herein contai~ed to aoy of ~ +he parties hereto, ti~e same shall be construed to mean as well as the heirs, legal representatives, successors and assigns (either voluntary by sct of the ~ parties or involumary by operation of the law) of fhe same and that the covenants herein contained shall bind snd the benefits and adwntsges inure ~ ro the respective heiri, legal represen!atives, ivccessors and ass~g~s of the parties heroto. And said Mortgagors, for themulves a~d their heirs, lega! represe~tatives, successws a~d suigns, hereby jointly and severally covenant and agree = to and with the aaid MORTGAGEE, its successori and assigns: h' 1. To pay all :t~d singvlar the printipal +nd interest and the various and sundry sums of money payable by virtue of said promissory note, snd this mortgsge, each and every, promptly on the days respectivsly the same xverally become due. _ 2. To pay sll snd singulsr the taxes, assessments, levies, iiabilif~es, obfgations and encumbrancet of every nature and ki~d now on ssid dewibed property, w th~t here+fter msy be impoted, suffered, placed, levied, or asussed tFxreon, a that hereafter may be levied or asseued upon ~his Mort9- - age, a tFss inJebtedneu secured hereby, exh and every, when due and payable, according to I~w, befae they become delinquent, and before any interest i attaches or any penalty is incurred; AN~ INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI BE PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAt DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFIC1AllY ENOORSED + ~'s - OR CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event ti~at any thereof is not paid, saYsfied and diuharged sa:d MORTGAGEE may at any time pay the same or any part thereof without waiving w affecting any option, lien, equity a ~1qht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shall bear interest ~ ~rom the date thereof vntil pa~d at rate of n~ne per centum per annum and together w~th svch interest ihalol R setured by the lien of th's morgtsge. j~# eoox 219 ~A~f 8 - 5 . , . . _ _Y _ . . . . ` ,t~ ..e _e _ . . . . . . . . . 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